House Majority Leader Kevin McCarthy (R-Calif.) on the state of tax reform in Congress and the verdict in the Kate Steinle murder case.
The White House and Senate’s top Republican said Friday they have enough votes in place to pass the sweeping Republican tax reform bill which could hit the floor for a final vote in a matter of hours, as key holdouts announced their support.
While GOP leaders were still seeking additional support, 50 votes is enough to get the historic tax plan across the finish line in the chamber. The measure would lower the corporate tax rate from 35 percent to 20 percent and double the standard deduction for individuals and families, among other things.
"We have the votes," Senate Majority Leader Mitch McConnell said.
Republicans Senators are working hard to pass the biggest Tax Cuts in the history of our Country. The Bill is getting better and better. This is a once in a generation chance. Obstructionist Dems trying to block because they think it is too good and will not be given the credit!
— Donald J. Trump (@realDonaldTrump) December 1, 2017
Moments later, Sen. Jeff Flake, R-Ariz., one of the last GOP holdouts, said he was prepared to vote for the bill.
Approval would be a major victory for the Trump administration.
“Republican Senators are working hard to pass the biggest Tax Cuts in the history of our Country. The Bill is getting better and better. This is a once in a generation chance. Obstructionist Dems trying to block because they think it is too good and will not be given the credit!” President Trump tweeted early Friday.
Sen. John Cornyn, R-Texas, the No. 2 Senate Republican, also said Friday they are "confident in the 50" and are trying to build on that, the Associated Press reported.
If they reach 50 votes exactly, Vice President Pence would be needed to break a tie. Once it passes, the bill would go to a conference committee where key Senate members would reconcile it with a House version passed Nov. 16.
The last GOP holdout appears to be Sen. Bob Corker, R-Tenn., who has sparred publicly with Trump and voiced objections to increasing the deficit.